Honeywell and United Technologies Get Construction Boost

Sterne, Agee analysts see benefits for industrial companies as recovery leads to more demand for heating and cooling, elevators, and other products.

August 25, 2014

August 25, 2014

Sterne, Agee & Leach

The non-aerospace trends within residential-end and non-residential markets continue to recover, which is positive for multi-industrial companies such as Honeywell (ticker: HON) and United Technologies (UTX).

Both companies are poised for healthy organic growth in the second half of 2014 tied to these markets....